Gold prices recovered modestly at the bullion market here today due to mild local buying interest at lower levels as well as jewellery demand.
Silver, however, declined further on sustained offerings by stockists. Standard gold (99.5 purity) moved up by Rs 50 per ten gram to finish at Rs 18,515 from yesterday's closing level of Rs 18,465.
Pure gold (99.9 purity) also looked up by a similar margin to close at Rs 18,605 per ten grams as against Rs 18,555 previously.
However, silver ready (.999 fineness) fell by Rs 100 per kilo to end at Rs 29,335 from Rs 29,435 yesterday. In New York, gold for August delivery added a dollar to $1,207.70 an ounce on the Comex division of NYMEX.
Silver for September contract down by 7 cents to $17.72 an ounce.